Lancaster Pennsylvania based Prestige Fund D is raising $51,897,000.00 in Equity Investment.
Lancaster, PA – According to filings with the U.S. Securities and Exchange Commission, Prestige Fund D is raising $51,897,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Daryl Heller played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Prestige Fund D
Our core strategy is to participate in a mature and stable ATM space that has historically strong operating margins by accessing attractive real estate locations for ATMs that are strategically positioned for capitalizing next generation revenue opportunity augmenting current and healthy surcharge operating margins through an enhanced monetization strategy. The investor owns the ATM assets and outsources the placement and management of ATMs with qualified management companies through best in class negotiated ATM Management Agreements. The acquired contracts have been historically owned and controlled by private equity or hedge funds that are attracted to this sector due to the ATM’s strong operating margins and tangible hard-asset title to the ATMs held as collateral.
To learn more about Prestige Fund D, visit http://prestigefundd.com/
Contact:
Daryl Heller, Chief Executive Officer
717-431-3168
https://www.linkedin.com/in/daryl-f-heller-3b87863/
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